Balance of Payments Definition: BOP is a record of economic transaction between the residence of the country and the rest of the world during the period of one year. Balance of Trade Definition: BOT is the difference between the various export and import of visible goods of a country during a time. If the value of visible export exceed than the value of visible import than the balance of trade is said to be in favor. OR “The value of goods and services bought and sold in the world market.”
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THE PAYMENT OF BONUS ACT‚ 1965 ACT NO. 21 OF 1965 [25th September‚ 1965.] 1*[An Act to provide for the payment of bonus to persons employed in certain establishments on the basis of profits or on the basis of production or productivity and for matters connected therewith.] BE it enacted by Parliament in the Sixteenth Year of the Republic of India as follows:-1. Short title extent and application. 1. Short title extent and application.- (1) This Act may be called the Payment of Bonus Act‚ 1965. (2)
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Payment Methods Fee-for-service is when a patient pays a fee for the services provided by a healthcare provider. According to Valerius et al. (2012)‚ the more patients a physician sees in the fee-for-service‚ the more charges the health plan repays (section 1.4‚ p. 11). On the other hand‚ capitation payment cycles involve the first party‚ which is the patient‚ policyholder or employer (Valerius et al‚ 2012). Also the capitation payment cycle includes the second party‚ which is the provider
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Towards the end of World War II in the European theater the Allies were pushing into Germany. The Third Army under the guidance of General Patton had made significant advances. General Patton was being glorified by the press for his successes commanding the US Third Army. His favorite armor division‚ the 4th Armored Division‚ had blazed at amazing speed into Germany and was known as “The Point.” Their advance had earned them a Presidential Distinguished Unit Citation1. General Patton’s confidence
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have been altered so not as to bias any discussion in class. On March 14‚ 2007 Chiquita Brands International entered into a plea agreement with the U.S. Department of Justice. Chiquita agreed to pay a $25 million fine after it admitted that it made payments to a terrorist organization for protection of its operations in Columbia. Teaching suggestions I find that this case works well when each ethical theory is used separately to analyze the situation. I begin by asking the students to summarize the
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CHAPTER 3 BALANCE OF PAYMENTS SUGGESTED ANSWERS AND SOLUTIONS TO END-OF-CHAPTER QUESTIONS AND PROBLEMS QUESTIONS 1. Define the balance of payments. Answer: The balance of payments (BOP) can be de fined as the statistical record of a country’s international transactions over a certain period of time presented in the form of double-entry bookkeeping. 2. Why would it be useful to examine a country’s balance of payments data? It Answer: would be useful to examine a country’s BOP
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7 (a) Explain the current and financial accounts in the balance of payments. Balance of Payment or also called as BOP is a statistical statement that systematically records of all economic transactions between one country and the rest of the world during a given period of time. For example‚ BOP shows the details of the total payments made by a country and also the total receipts by it. There are three major components that are summarized in the BOP which are Current account‚ Capital account and
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office desks. I has passed two month since the delivery. This order was at very short notice‚ but we were able to react quickly and deliver .. goods in time. We have yet not receive the payment for this contract. In the terms and conditions of our sales agreement … is clearly stated‚ that you have to sent ..payment within thirty days of receipt of invoice. Our company is known for their patience and good handling with customers. I have already sent you two reminders‚ first four weeks after overdue
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trade is. There are more of exports as compared to imports in addition to other inflows like investment by foreigners of the country. We also came to know that the government has to incur the cost for holding such reserves. Balance of Payments Balance of Payment is a systematic record of all
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CROSS CULTURAL COMMUNICATIONS CASE STUDY The Missouri Computational Company MCC‚ founded in 1952‚ is a very successful American company. It develops‚ produces‚ and sells medium- and large-size computers. The company currently operates as a multinational corporation in North and South America‚ Europe‚ Southeast Asia‚ Australia‚ and the Middle East. Sales activities are regionally structured. The factories are in St. Louis and Newark (NJ); the most important research activities take place in
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